Inflation rose 93 percent in July APA Austria Press Agency

Inflation rose 9.3 percent in July

Weekly shopping has also become significantly more expensive: the July mini-shopping basket price increase was 19.1%, more than double overall inflation. The micro shopping basket, which in addition to food, also contains daily newspapers or coffee in the cafeteria and reflects daily purchases, increased by 10.4% over the previous year.

If we calculate expenses with fuel, energy, food and gastronomy from the inflation rate, we arrive at an inflation rate of 3.7%.

Prices of food and non-alcoholic beverages increased by an average of 12.5%. Customers paid 17.4% more for milk, cheese and eggs and 13.9% more for meat. Vegetables rose in price by 12.5 percent, bread and cereals by 11.2 percent.

At restaurants and hotels, prices rose 9.3 percent. Consumers had to pay 3.8% more for tour packages in July. The prices of leisure and cultural services rose by an average of 3.3 percent.

Housing, water and energy prices rose by an average of 12.5 percent. The biggest price drivers here were energy (+34.4%). The 13.5 percent increase in domestic maintenance costs was mainly due to higher material costs (+16.1 percent).

Transport prices increased by an average of 21.8 percent. This changed the inflation rate by 2.97 percentage points. Fuel prices rose 63.1%. Used car prices increased by 24.7%, while new car prices increased by 8.9%. Consumers pay 5% more for vehicle repairs. And airline tickets were more expensive, on average, by 32.1%.